International Webcast

Live with Helga Zepp-LaRouche

"An Alternative to Hyperinflation And Thermonuclear War"

Saturday, Sept. 22, 2012 · 1:00 pm live on www.LaRouchePAC.com

Helga Zepp-LaRouche will present an International Webcast on Saturday, Sept. 22 at 1 p.m. (Washington time, or 7 p.m. Central European Time). It will be broadcast live on www.larouchepac.com, and will be simultaneously translated into French, German, Italian and Spanish.

In a short video statement on September 12, Helga Zepp-LaRouche outlined the key points she will present in a broader form in her webcast. The video statement included her assessment of the German Constitutional Court decision dismissing the emergency petitions filed against the European Stability Mechanism, and a warning of the immediate war danger. Here follows a translation into English of excerpts from Zepp-LaRouche's statement:

"The Constitutional Court ruling of September 12, means a real catastrophe for Germany. First of all, it allows the European Stability Mechanism (ESM) to go into force, after a few amendments are made, and secondly, it means that the move by the ECB, taken just six days before the court decision, to buy unbounded sovereign bonds, is a success. Thus practically unlimited quantities of liquidity will be pumped into the system, and Bernanke is expected to do likewise tomorrow in the U.S., by proceeding with another "easing", i.e. liquidity injections.

"Thus, the entire trans-Atlantic region is threatened in the short term with hyperinflation like in Germany in 1923 – the only difference being that it will not happen in only one country this time, but in the whole trans-Atlantic region. Karlsruhe definitely should have allowed Gauweiler's petition for a temporary injunction because the ECB decision has indeed created a completely new situation.

"What we have witnessed over the past years is a complete erosion of democracy and of the Fundamental Law. The rules of the Treaties adopted have been repeatedly broken, be it the "no bailout clause", or the so-called "royal prerogative" of the Parliament, namely the responsibility for the budget. The ESM would mean the last step in the setting up of a financial dictatorship. It would be a dictatorship of the markets at the expense of the general welfare. It has already led to an incredible destruction of the real economy, in Greece, in Spain – where youth unemployment is up to 70% in Andalusia – in Italy and other countries, and all of them are facing dangerous social explosions.

"The entire conception of the ESM is a monstrosity in itself, because it would create a dictatorship, whose leading agencies would have legal immunity for life, it would create an area of legal vacuum...."

"Germany must get out of this terror by leaving the EU and the Economic and Monetary Union. Germany must reestablish her sovereignty over her monetary and economic policy, and then immediately set up bank separation, a credit system, and a reconstruction program for the real economy."

"Another key aspect that must be considered in this context is the fact of the immediate war danger. The destabilization of Syria represents one source of the immediate war danger. There, the so called Blair Doctrine – coming from Tony Blair, who started the Iraq war based on lies and who today pushes for “humanitarian interventions“ – is in complete opposition to the Putin Doctrine, which upholds the UN Charter and the invulnerability of national sovereignty. Another possible trigger for war would be an attack against Iran, which, as all experts agree, would mean a third world war on the spot. And that would be a thermonuclear war that would mean the extinction of the human species.

“Everyone who is conscious of the strategic situation – financial collapse, financial disintegration and the immediate danger of a third world war – must understand that currently humanity as a civilization is fully driving against the wall. And if we do not immediately change the entire paradigm on which the current policy is based, then it will come to this disaster. Therefore, a withdrawal of Germany from the EU and from the European Monetary Union, is the absolutely necessary first step to launch any real development perspective for restarting the physical world economy. This is the only alternative that remains to us.”